Sep 9 2025

Finance Committee

Portland City Council Finance Committee 09/08/25

The Portland City Council Finance Committee convened on September 8, 2025, to address several significant property-related issues. The committee approved the declaration of a property located at SE 21st Ave and SE Powell Blvd as surplus, authorizing its disposal at fair market value. This decision came after discussions about the property's history and the city's lack of need for it....

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Aug 12 2025

Finance Committee

Portland City Council Finance Committee 08/11/25

The Portland City Council Finance Committee convened on August 11, 2025, to discuss several key financial matters affecting the city. The meeting opened with a detailed discussion on the need for improved transparency and efficiency in the city's internal service fund rates. Experts presented findings and recommendations to simplify the rate-setting process without sacrificing fairness, including the establishment of governance...

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Jun 24 2025

Finance Committee

Portland City Council Finance Committee 06/23/25

The Portland City Council Finance Committee convened on June 23, 2025, to discuss several key issues affecting city infrastructure and financing. The committee received a detailed presentation from city staff on the evaluation of financing options for the Sidewalk Improvement and Paving Program (CIP), as directed by Resolution 37705. The discussion focused on identifying viable financing methods and the implications...

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Jun 17 2025

Finance Committee

Portland City Council Finance Committee 06/16/25

The Portland City Council Finance Committee convened on June 16, 2025, to discuss a significant amendment to the city code involving a temporary exemption to the System Development Charges for residential housing projects. The proposed ordinance aims to stimulate housing production by reducing financial barriers for developers, which is crucial amid the city's ongoing housing crisis. The meeting featured a...

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Jun 10 2025

Finance Committee

Portland City Council Finance Committee 06/09/25

The Portland City Council Finance Committee convened on June 9, 2025, to discuss and vote on several key financial matters affecting the city. The committee approved the fiscal year 25/26 budget for the Mount Hood Cable Regulatory Commission, which included discussions on the commission's financial strategies and the impact of decreasing cable revenue. Additionally, the committee adopted a supplemental budget...

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May 20 2025

Finance Committee

Portland City Council Finance Committee 05/19/25

Date: May 19, 2025 Summary The Portland City Council Finance Committee convened on May 19, 2025, to discuss a range of budget amendments. No decisions were finalized during this meeting, as it primarily served as an opportunity for open discussion among committee members. Key topics included a comprehensive review of approximately 60 budget amendments, with a focus on guiding the...

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May 13 2025

Finance Committee

Portland City Council Finance Committee 05/12/25

The Portland City Council Finance Committee met on May 12, 2025, to discuss several key issues including the city's budget and operations. The meeting opened with the approval of minutes from previous meetings, which passed by unanimous consent. A significant portion of the meeting was dedicated to discussing the city's core services realignment, which aims to reduce expenditures by 20%...

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May 6 2025

Finance Committee

Portland City Council Finance Committee 05/05/25

Date: May 5, 2025 Summary The Portland City Council Finance Committee convened on May 5, 2025, to discuss several key issues, primarily focusing on policies related to the city's financial management and upcoming infrastructure projects. A significant portion of the meeting was dedicated to discussing the General Fund Contingency and General Reserve Fund Policies, highlighting the need for careful consideration...

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Apr 29 2025

Finance Committee

Portland City Council Finance Committee 04/28/25

Date: April 28, 2025 Summary The Portland City Council Finance Committee convened on April 28, 2025, to discuss several critical financial issues facing the city. The meeting opened with a review of the city's current financial status, highlighting a significant $93 million deficit. Peter Holtzman, the city economist, provided an update on the financial forecast, noting adjustments and the impact...

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Apr 22 2025

Finance Committee

Portland City Council Finance Committee 04/21/25

Date: April 21, 2025 Summary The Portland City Council Finance Committee convened on April 21, 2025, to discuss strategies for addressing the city's budget deficit without resorting to significant cuts in critical services such as police, fire, parks, and homeless services. Councilor Novick proposed an increase in the Clean Energy Surcharge from 1% to 1.33%, targeting large corporations to generate...

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